Memory Care Home Solutions
Memory Care Home Solutions maintains strong assets and no reported officer compensation, despite fluctuating revenues.
EIN: 20641248 · Saint Louis, MO · NTEE: G83 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.5M |
| Transparency Score | 92/100 |
Is Memory Care Home Solutions Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Memory Care Home Solutions directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Memory Care Home Solutions
Memory Care Home Solutions (EIN: 20641248) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code G83. The organization reported total revenue of $1.9M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Memory Care Home Solutions's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Memory Care Home Solutions is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-74,614 |
| Total Assets | $2.6M |
| Total Liabilities | $72K |
| Net Assets | $2.5M |
| Operating Margin | -5.7% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 22.3 months |
Financial Health Grade: B
In 2023, Memory Care Home Solutions reported a deficit of $75K with expenses exceeding revenue, holds 22.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Memory Care Home Solutions's revenue has grown at a compound annual growth rate (CAGR) of 10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.7% | +3.8% | -4.7% |
| 2022 | -15.2% | -9.0% | -0.3% |
| 2021 | +10.6% | -6.6% | +17.7% |
| 2020 | -4.6% | +23.4% | +15.2% |
| 2019 | +73.9% | +18.9% | +35.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Memory Care Home Solutions with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Memory Care Home Solutions allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $75K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
Memory Care Home Solutions consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size with assets over $2 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Memory Care Home Solutions's IRS 990 filings:
- Unusually low liabilities relative to assets, which could indicate conservative accounting or minimal debt financing.
- Fluctuating revenue in recent years (from $1,839,243 in 202105 to $1,299,720 in 202305) could pose challenges for consistent program planning if not managed effectively.
Strengths
The following positive indicators were identified for Memory Care Home Solutions:
- Zero reported officer compensation across all filings, indicating a strong commitment to program spending.
- Consistent growth in assets over the past decade, from $1,179,955 in 201405 to $2,556,950 in 202305.
- Very low liabilities relative to assets, demonstrating strong financial health and minimal debt.
- Positive net income in most years, contributing to asset growth (e.g., 202205: Revenue $1,559,901 vs. Expenses $1,323,586).
Frequently Asked Questions about Memory Care Home Solutions
Is Memory Care Home Solutions a legitimate charity?
Memory Care Home Solutions (EIN: 20641248) is a registered tax-exempt nonprofit based in Missouri. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.9M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Memory Care Home Solutions spend its money?
Memory Care Home Solutions directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Memory Care Home Solutions tax-deductible?
Memory Care Home Solutions is registered as a tax-exempt nonprofit (EIN: 20641248). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Memory Care Home Solutions CEO make?
Memory Care Home Solutions's highest-compensated officer earns $2 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Memory Care Home Solutions's spending goes to programs?
Memory Care Home Solutions directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Memory Care Home Solutions compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Memory Care Home Solutions is above average for NTEE category G83 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Memory Care Home Solutions located?
Memory Care Home Solutions is headquartered in Saint Louis, Missouri and files with the IRS under EIN 20641248. It is classified under NTEE code G83.
How many years of IRS 990 filings does Memory Care Home Solutions have?
Memory Care Home Solutions has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.9M in total revenue.
Is Memory Care Home Solutions a good charity?
Based on the available IRS 990 data, Memory Care Home Solutions appears to be a very good charity. It demonstrates strong financial health with growing assets, very low liabilities, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings. This suggests a high dedication of resources to its programs.
How has Memory Care Home Solutions' revenue trended over the past few years?
Memory Care Home Solutions' revenue has fluctuated in recent years. It peaked at $1,839,243 in 202105, then decreased to $1,559,901 in 202205, and further to $1,299,720 in 202305. Despite these fluctuations, the organization has maintained a strong asset base.
What is the organization's financial stability?
The organization demonstrates strong financial stability. Its assets have consistently grown, reaching $2,556,950 in 202305, while liabilities remain very low, at $72,279 in the same period. This indicates a healthy balance sheet and strong financial reserves.
Filing History
IRS 990 filing history for Memory Care Home Solutions showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Memory Care Home Solutions's revenue has grown by 239.7%, moving from $383K to $1.3M. Total assets increased by 471.9% over the same period, from $447K to $2.6M. Total functional expenses rose by 274.7%, from $367K to $1.4M. In its most recent filing year (2023), Memory Care Home Solutions reported a deficit of $75K, with expenses exceeding revenue. The organization holds $72K in liabilities against $2.6M in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.4M | $2.6M | $72K | — | View 990 |
| 2022 | $1.6M | $1.3M | $2.7M | $72K | — | View 990 |
| 2021 | $1.8M | $1.5M | $2.7M | $297K | — | View 990 |
| 2020 | $1.7M | $1.6M | $2.3M | $276K | — | View 990 |
| 2019 | $1.7M | $1.3M | $2.0M | $91K | — | View 990 |
| 2018 | $1.0M | $1.1M | $1.5M | $61K | — | View 990 |
| 2017 | $997K | $1.1M | $1.5M | $30K | — | View 990 |
| 2016 | $1.2M | $878K | $1.6M | $25K | — | View 990 |
| 2015 | $805K | $742K | $1.2M | $9K | — | View 990 |
| 2014 | $770K | $550K | $1.2M | $5K | — | View 990 |
| 2013 | $936K | $502K | $956K | $1K | — | View 990 |
| 2012 | $522K | $416K | $555K | $34K | — | View 990 |
| 2011 | $383K | $367K | $447K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.4M, and assets of $2.6M (revenue -16.7% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.3M, and assets of $2.7M (revenue -15.2% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.5M, and assets of $2.7M (revenue +10.6% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.6M, and assets of $2.3M (revenue -4.6% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.3M, and assets of $2.0M (revenue +73.9% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.1M, and assets of $1.5M (revenue +0.6% year-over-year).
- 2017: Revenue of $997K, expenses of $1.1M, and assets of $1.5M (revenue -16.4% year-over-year).
- 2016: Revenue of $1.2M, expenses of $878K, and assets of $1.6M (revenue +48.2% year-over-year).
- 2015: Revenue of $805K, expenses of $742K, and assets of $1.2M (revenue +4.5% year-over-year).
- 2014: Revenue of $770K, expenses of $550K, and assets of $1.2M (revenue -17.8% year-over-year).
- 2013: Revenue of $936K, expenses of $502K, and assets of $956K (revenue +79.3% year-over-year).
- 2012: Revenue of $522K, expenses of $416K, and assets of $555K (revenue +36.4% year-over-year).
- 2011: Revenue of $383K, expenses of $367K, and assets of $447K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Memory Care Home Solutions:
Data Sources and Methodology
This transparency report for Memory Care Home Solutions is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.